Lowland Investment Company plc

Lowland Investment Company plc

LWI.L
Lowland Investment Company plcGB flagLondon Stock Exchange
173.50
GBp
-1.50
- -
381.00MMarket Cap
Lowland Investment Company plc
LWI.L
(London Stock Exchange)

Recent

price

173.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.14
0.07
0.23
0.33
0.08
0.01
0.16
0.25
0.05
-0.14
-0.33
0.49
-0.24
0.2
0.22
0.24
Revenue per Share
0.14
0.07
0.23
0.33
0.07
0.01
0.16
0.24
0.05
-0.14
-0.34
0.49
-0.24
0.2
0.21
0.24
Basic EPS, GAAP
- -
0.03
0.03
0.04
0.04
0.05
0.05
0.05
0.06
0.07
0.03
0.04
0.06
0.06
0.07
0.07
Free Cash Flow per Basic Share
- -
0.03
0.03
0.03
0.04
0.04
0.04
0.05
0.05
0.06
0.06
0.06
0.06
0.06
0.06
0.07
Dividend per Share
0.05
0.05
0.02
0.06
0.03
0.07
0.07
0.07
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
Book Value per Share
0.77
0.81
1.01
1.31
1.35
1.32
1.43
1.63
1.62
1.43
1.03
1.46
1.16
1.29
1.44
1.49
Tangible Book Value per Share
264
264
264
264
269
269
270
270
270
270
270
270
270
270
270
244
Basic Weighted Avg Shares
37
19
61
88
20
4
43
66
14
-37
-90
133
-64
54
58
59
Sales/Revenue/Turnover
98.93
97.83
99.34
99.46
- -
87.01
98.9
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
37
18
61
87
20
3
42
66
13
-37
-91
132
-65
53
58
59
Net Income, GAAP
0.24
0.58
0.1
0.04
0.25
1.48
0.28
0.28
1.41
- -
- -
0.07
- -
0.15
0.06
0.04
Effective Tax Rate (%)
98.69
97.26
99.24
99.42
97.23
85.73
98.62
98.89
94.8
102.02
100.76
99.43
101.13
98.57
98.56
98.46
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
34
38
50
50
62
27
40
56
51
46
63
48
48
49
48
LT Debt
203
214
266
347
362
355
387
440
439
386
279
394
313
349
390
365
Total Equity
19.54
7.99
21.99
24.88
- -
0.77
10.17
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
254.79
127.83
581.58
799.81
179.51
25.47
221.94
329.04
94.96
-555.06
-1,347.73
1,951.35
-959.7
781.48
852.29
866.88
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.03%
7.52%
-6.42%
Free Cash Flow
6.99%
14.96%
-8.65%
Net Income, GAAP
38.23%
-112.93%
1.71%
Sales/Revenue/Turnover
23.05%
-113.55%
1.82%
Total Cash Common Dividend
4.68%
0.22%
-5.44%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
58
2025
- -
- -
- -
- -
59
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.21
2025
- -
- -
- -
- -
0.24
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.06
2025
- -
- -
- -
- -
0.07
2026
- -
- -
- -
- -
- -
Business
Lowland Investment Company plc is a United Kingdom-based investment trust company focused on providing shareholders with a higher-than-average return through growth of both capital and income over the medium to long term. The company invests predominantly in a diversified portfolio of UK companies across large, medium, and smaller capitalizations, spanning sectors such as basic materials, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, real estate, technology, telecommunications, and utilities. The portfolio typically allocates up to half its investments in FTSE 100 companies, with the remainder across smaller and medium-sized firms. Janus Henderson Fund Management UK Limited acts as the company's alternate investment fund manager. Lowland was established in 1889 and is headquartered in the United Kingdom. Recent significant developments include the initiation and continuation of an active share buyback program in 2025, repurchasing over 38 million shares at an average discount of 7.8%, enhancing shareholder value. The company has refreshed its portfolio by making new investments in companies such as Mondi, Segro, Norcros, Shaftesbury Capital, Workspace, Dunelm, and FRP Advisory, while trimming holdings in companies including M&S, Barclays, and Rolls-Royce following valuation assessments and takeover activity. The company reported a net asset value total return increase of 16.3% for the year ended September 30, 2024, outperforming its FTSE All-Share index benchmark, with dividends growing by 2.8% to 6.425p per share. Board changes include the appointment of Mark Lam to bring experience in technology and telecommunications, and a Chair transition planned for the 2025 AGM. Lowland's investment strategy remains focused on bottom-up stock picking, valuation sensitivity, and diversified sector and market capitalization exposure within the UK equity market.